Citizens Bancshares Cash Flow - Quarterly (OTCMKTS:CZBS)

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$8.65 $0.08 (0.93%) CZBS stock closing price Dec 09, 2016 (Closing)

The Citizens Bancshares cash flow statement is one of the three reports that the company generates every quarter. While its important to look at the Citizens Bancshares debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Citizens Bancshares revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Citizens Bancshares stock analysis shows positive net income cash flow of $1.65M for 2016-Q3. This statement is important because profits alone cannot pay employees, or bills. Cash is required.   Citizens Bancshares has a positive cash and cash equivalents change of $5.29M. View details of Citizens Bancshares cash flows for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Citizens Bancshares Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow0.89M0.61M0.39M1.5M1.11M0.78M0.38M1.52M1.12M0.79M
Net Increase (Decrease) in Assets Liabilities-1.43M0.42M-0.01M-1M-0.29M-0.8M-0.39M-0.16M-0.25M-0.67M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net0.24M0.01M0.01M0.03M0.17M0.25M-0.23M0.72M0.57M0.11M
Citizens Bancshares Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-0.84M-0.8M-0.09M-0.29M-0.25M-0.12M-0.07M-0.35M-0.05M-0.04M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments1.05M10.73M5.74M1.63M9.53M3.51M11.18M16.7M12.6M7.54M
Other Cash Inflow (Outflow) from Investment Activities-10.67M-10.42M-2.31M4.09M5M-3.26M-2.58M-4.61M0.45M-1.65M
Citizens Bancshares Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares---0.05M0.14M---0.11M--
Issuance (Repayment) of Debt Securities-0.01M-0.01M-0.01M4.98M-0.01M-0.01M-0.01M-0.01M-0.01M-0.01M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-0.35M-0.29M-0.05M-0.4M-0.35M-0.29M-0.05M-0.4M-0.35M-0.29M
Other Cash from (used by) Financing Activities14.76M22.32M13.54M-12.02M-15.47M-3.79M2.37M3.92M10.97M16.56M
Citizens Bancshares Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash----------
Citizens Bancshares Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year48.41M29.16M40.18M33.45M23.79M27.07M16.14M8.18M8.61M11.28M
Cash & Equivalents at Year End54.19M72.58M66.43M48.89M49.04M45.46M59.42M48.41M55.49M52.39M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Citizens Bancshares stock price history provides the price history of a stock, Citizens Bancshares stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:
  • Citizens Bancshares saw a decrease in Net Change in Cash and Cash Equivalents from $23.68M in 2016-Q2 to $5.29M in 2016-Q3. Apart from the Citizens Bancshares stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $1.36M for CZBS.
  • Cash Flow from investment activities: Citizens Bancshares used $9.97M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash flow from financing activities shows the flow of cash between Citizens Bancshares and its owners and creditors and was $14.39M for 2016-Q3. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Citizens Bancshares Cash Flow

FCF margin